Legg Mason
US asset manager
Legg Mason is a US investment management firm with a focus on asset management and serves customers worldwide.
Legg Mason serves individual and institutional investors on six continents and has $7446bn in AUM (as of 30 June 2018). It uses a multi-manager business model, with each of the company's subsidiaries operating independently.
The company offers products in equities and fixed income, as well as domestic and international liquidity management and alternative investments. Created in 1970 through the acquisition of Mason & Co by Legg & Co to form Legg Mason & Co, it has since become the 20th largest asset manager in the world. Among its brands is Edinburgh-based equity specialist Martin Currie.
Investment
After a year of stellar returns from Japan, investors are concerned the Japanese equity funds that beat competitors in 2013 will not be able to deliver again this year.
04 February 2014
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3 min read
Investment
Legg Mason's Income Optimiser fund ended last year with the lowest duration since its inception in December 2011, in an effort to mitigate the risk of further rises in government bond yields.
27 January 2014
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2 min read
Investment
Top-performing Japanese equity manager Hideo Shiozumi has said investors should not expect another runaway 12 months for the country's stock markets until 2016.
21 January 2014
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US
Legg Mason Capital Management's Sam Peters has said US financials are the cheapest cyclical stocks in the US market and will climb sharply if interest rates increase this year.
17 January 2014
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2 min read
US
Legg Mason's chief executive Bill Miller is setting up a mutual fund under his own name, to be run together with his son as assistant fund manager.
18 December 2013
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Investment
Octopus Investments' multi-manager team reveals the overlooked funds to watch in 2014.
06 December 2013
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Bonds
Legg Mason Global Asset Management has launched a global macro bond fund through its fixed income subsidiary Western Asset.
03 December 2013
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Investment
Managers and fund buyers have begun rotating out of UK mid- and small-cap stocks in anticipation of a mega-cap resurgence.
02 December 2013
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2 min read
